Title: Local Option Financing Program for Renewable Energy and Energy Efficiency Local Loan Program in North Carolina
Details:
The Local Option Financing Program for Renewable Energy and Energy Efficiency Local Loan Program is a Residential, General Public/Consumer, and Commercial program for those who have energy efficient improvements made with the following: Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaic, Landfill Gas, Wind, Biomass, Geothermal Electric, CHP/Cogeneration, Hydrogen, Anaerobic Digestion, Small Hydroelectric, Tidal Energy, Wave Energy, Solar Water Heat, and Solar Space Heat. The program offers loans to be repaid at 8% for 20yrs. The following legislation set up this program: N.C. Gen. Stat. § 153A-455, N.C. Gen. Stat. § 160A-459.1, and HB 1829. For more details use the following link below:
http://www.ncleg.net/Sessions/2009/Bills/House/PDF/H1389v7.pdf
